Wix

Wix Launches Wix Donations, an All-In-One Donations Collection Platform

Retrieved on: 
Tuesday, April 9, 2024
Online, Create, E-commerce, GM, Software as a service, Growth, Social media, Running, Flexible, Wix, Shop, WIX, Collection, Marketing, Cryptocurrency

NEW YORK, April 9, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced the launch of Wix Donations, a dedicated online platform uniquely designed for the collection of donations for nonprofits, individuals and businesses.

Key Points: 
  • This growth is driven by multiple factors, including the escalating global trend of donations, wherein online giving has emerged as a pivotal component.
  • In a growing market, Wix Donations emerges as a comprehensive solution tailored to meet the diverse needs of fundraisers worldwide.
  • Comprehensive and Professional Backoffice Campaign Management: With the Wix Donations dashboard, users can easily manage their campaigns and run multiple campaigns simultaneously.
  • "We brought the entire donation collection operation online for them with the same simplicity, versatility and cost-effectiveness that Wix is known for."

Marketeam.ai Lunches Ella, the Autonomous AI Social Media Marketing Agent for SMBs, Marking the First Step in Marketeam.ai's Ambitious Rollout of Specialized AI Marketing Agents

Retrieved on: 
Tuesday, April 2, 2024
Wix, WordPress, WooCommerce, Social media, Marketing, Luigi, TEL, AI, Data analysis, Sales

TEL AVIV, Israel, April 2, 2024 /PRNewswire/ --  Marketeam announces the launch of myella.ai, the first in a series of cutting-edge AI agents specially trained in distinct marketing domains. Ella is designed to autonomously manage organic social media marketing, setting a new standard for digital marketing efficiency and innovation for small and medium-sized businesses (SMBs).

Key Points: 
  • Ella is designed to autonomously manage organic social media marketing, setting a new standard for digital marketing efficiency and innovation for small and medium-sized businesses (SMBs).
  • Ella represents the spearhead of Marketeam.ai's ambitious vision to provide SMBs with an entire team of autonomous AI experts, each focused on a key area of marketing.
  • Ella's expertise in social media is just the beginning, as Marketeam.ai plans to introduce a full lineup of specialized AI agents to comprehensively address the varied aspects of business marketing & growth.
  • Members on this list will gain early access to the company's suite of AI marketing agents, each a specialist in their domain, poised to deliver a comprehensive, AI-powered marketing revolution.

2024 Harvard Business School New Venture Competition: Uniting Cutting Edge Ideas, Innovative Ventures, and Talented Alumni and Students

Retrieved on: 
Friday, March 29, 2024
HubSpot, Uncertainty, Climate change, Organization, Farmer, Learning, Mentorship, NVC, Harvard Innovation Labs, Partnership, MassChallenge, Complex, Accounting, Entrepreneurship, Patient, BEAM, Artificial intelligence, AI, HBS, Wix, Faculty, Student, MBA, Clayton, Dubilier & Rice, Sacerdote, Dubilier, Cosmetics, Social change, School, Management

The NVC is open to all students and alumni interested in launching new business and social impact ventures.

Key Points: 
  • The NVC is open to all students and alumni interested in launching new business and social impact ventures.
  • The School's Arthur Rock Center for Entrepreneurship and Social Enterprise Initiative (SEI), in partnership with HBS Alumni Clubs & Associations , host the annual competition.
  • Students engage in collaborative efforts with peers and receive pragmatic feedback from a deep bench of serial entrepreneurs and early-stage investors.
  • Peter M. Sacerdote $25,000 Runner Up Prize:
    A tool built by the trans community that addresses clinicians' barriers around learning and advocacy.

Wix Announces Streamlined Approval Process for Share Repurchase Programs Following Amendments to Israeli Regulations

Retrieved on: 
Monday, March 18, 2024
Wix, WIX, Share repurchase

NEW YORK, March 18, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) ("Wix, "we," "our" or the "Company"), today announced amendments to the Israeli Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel, 5760-2000), (the "Relief Regulations") which eliminate, subject to certain conditions, the requirement to obtain mandatory Israeli court approval for share repurchases for companies that were otherwise required to obtain such approval.

Key Points: 
  • NEW YORK, March 18, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) ("Wix, "we," "our" or the "Company"), today announced amendments to the Israeli Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel, 5760-2000), (the "Relief Regulations") which eliminate, subject to certain conditions, the requirement to obtain mandatory Israeli court approval for share repurchases for companies that were otherwise required to obtain such approval.
  • Companies are still subject to other necessary legal approvals outside of the previously mandatory Israeli court approval.
  • These Relief Regulations will streamline required regulatory approvals for share repurchases, allowing Wix to expedite its ability to begin execution of share repurchase activity.
  • As previously announced, Wix is in the process of pursuing the necessary approvals required under Israeli law, now under the new Relief Regulations, for $225 million in additional share repurchases, as authorized by the Board of Directors.

Wix Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
CFO, Vistaprint, Total, AI, Growth, Rule, GAAP, History, Software as a service, Business, Wix, Yoy, Public expenditure, Acceleration, LegalZoom, Partner, Research, WIX, Partnership, Cardboard

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally,3 today reported financial results for the fourth quarter and full year of 2023. In addition, the Company provided its initial outlook for the first quarter and full year 2024. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.

Key Points: 
  • In addition, the Company provided its initial outlook for the first quarter and full year 2024.
  • Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.
  • AI was another major focus of innovation in 2023, building on nearly a decade of leading AI research and development at Wix.
  • "Q4 capped off an incredibly strong year of sustained profitable growth with revenue in the fourth quarter increasing 14% y/y, driven by incredible Partners revenue growth of 38% y/y," added Lior Shemesh, CFO at Wix.

Wix Announces Completion of $300 Million in Share Repurchases

Retrieved on: 
Thursday, February 15, 2024
Wix, WIX, Security (finance)

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd .

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd .
  • (Nasdaq: WIX), today announced that it has completed $300 million in share repurchases, which received court approval in December 2023 and is part of the authorization by its Board of Directors approved in August 2023.
  • The Company repurchased 2,401,695 outstanding Wix ordinary shares, representing approximately 4% of total shares outstanding, at an approximate volume-weighted average price per share of $124.91.
  • Pursuant to its Board of Directors' authorization of share repurchases of 50% of projected free cash flow through 2025 (excluding costs associated with the Company's new headquarters office build out), Wix is in the process of pursuing the necessary approvals for $225 million in additional share repurchases.

Wix to Participate in Fireside Chat at Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Tuesday, February 13, 2024
Morgan Stanley, Conference, Wix, WIX, PST

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Monday, March 4th at 12:40 p.m. PST.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Monday, March 4th at 12:40 p.m. PST.
  • The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com .

Wix to Announce Fourth Quarter and Full Year 2023 Results on February 21, 2024

Retrieved on: 
Wednesday, January 31, 2024
WIX, Webcast, Wix

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the fourth quarter and full year ended December 31, 2023 before the market opens on Wednesday, February 21, 2024.

Key Points: 
  • NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the fourth quarter and full year ended December 31, 2023 before the market opens on Wednesday, February 21, 2024.
  • Management will host a conference call and webcast that morning at 8:30 a.m.
  • ET to answer questions about the Company's financial results.
  • Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/ .

Cardumen Capital raises $120 Million consolidating its position as one of Israel's most active early-stage Deep Tech investors

Retrieved on: 
Wednesday, January 17, 2024
Entrepreneurship, Proposition, Insight Partners, Principal, Associate, Citibank, Microsoft, Software as a service, Vimeo, Credit Suisse, Big, Wix, Fund, Samsung, TEL, ICT, Information, Big data, Marketing, General partnership, SK Hynix, Yigal Arnon, Bank

Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).

Key Points: 
  • Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).
  • The company will continue investing in pre-seed and seed Israeli software and hardware companies at the forefront of the technological revolution.
  • Cardumen Capital aims to be the most active investor on the cap table.
  • Cardumen Capital supports and works closely with entrepreneurs in anything from business development to fundraising.

Wix Transforms Revenue Sharing for Partners, Significantly Increasing Opportunities to Earn on Wix

Retrieved on: 
Wednesday, January 10, 2024
Maker, Enterprise, Partner, Partnership, Software as a service, Wix, Studio, WIX

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix Partner Program which is a loyalty-based program with benefits such as priority support, a Partner success manager, eligibility to join the Wix Marketplace, advanced features, and collaboration opportunities within the Wix community. These benefits are designed to empower professionals and fuel their business growth.

Key Points: 
  • From the moment they join the new program, Partners can start earning revenue share on Wix Studio sites they've created.
  • Diversified Types of Revenue Shares: The expanded revenue sharing program extends beyond website revenue to build a multifaceted income stream.
  • "Wix Partners play a critical role in the Wix ecosystem and we're thrilled to significantly broaden earnings opportunities to reflect our commitment to them," said Michal Bignitz, VP of Partners at Wix.
  • The new revenue sharing plan is open to Partners globally subject to the limitations that apply to the Partner Program.